NYSE
VZ

Verizon Communications Inc

Telecom Services
Communication Services

Prices are adjusted according to historical splits.

Verizon Communications Inc Stock Price

Vitals

Today's Low:
$33.8
Today's High:
$34.18
Open Price:
$34.13
52W Low:
$31.25
52W High:
$40.7646
Prev. Close:
$33.94
Volume:
15630360

Company Statistics

Market Cap.:
$142.69 billion
Book Value:
22.643
Revenue TTM:
$135.00 billion
Operating Margin TTM:
22.73%
Gross Profit TTM:
$77.70 billion
Profit Margin:
15.58%
Return on Assets TTM:
5.11%
Return on Equity TTM:
23.39%

Company Profile

Verizon Communications Inc had its IPO on 2000-07-23 under the ticker symbol VZ.

The company operates in the Communication Services sector and Telecom Services industry. Verizon Communications Inc has a staff strength of 117,100 employees.

Stock update

Shares of Verizon Communications Inc opened at $34.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $33.8 - $34.18, and closed at $34.04.

This is a +0.29% increase from the previous day's closing price.

A total volume of 15,630,360 shares were traded at the close of the day’s session.

In the last one week, shares of Verizon Communications Inc have slipped by -2.35%.

Verizon Communications Inc's Key Ratios

Verizon Communications Inc has a market cap of $142.69 billion, indicating a price to book ratio of 1.7982 and a price to sales ratio of 1.1694.

In the last 12-months Verizon Communications Inc’s revenue was $135.00 billion with a gross profit of $77.70 billion and an EBITDA of $47.91 billion. The EBITDA ratio measures Verizon Communications Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Verizon Communications Inc’s operating margin was 22.73% while its return on assets stood at 5.11% with a return of equity of 23.39%.

In Q2, Verizon Communications Inc’s quarterly earnings growth was a negative -11.1% while revenue growth was a negative 3.5%.

Verizon Communications Inc’s PE and PEG Ratio

Forward PE
7.3855
Trailing PE
6.788
PEG
5.5124

Its diluted EPS in the last 12-months stands at $5 per share while it has a forward price to earnings multiple of 7.3855 and a PEG multiple of 5.5124. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Verizon Communications Inc’s profitability.

Verizon Communications Inc stock is trading at a EV to sales ratio of 2.4271 and a EV to EBITDA ratio of 7.1914. Its price to sales ratio in the trailing 12-months stood at 1.1694.

Verizon Communications Inc stock pays annual dividends of $2.61 per share, indicating a yield of 7.72% and a payout ratio of 53.3%.

Balance sheet and cash flow metrics

Total Assets
$379.96 billion
Total Liabilities
$51.40 billion
Operating Cash Flow
$-10200000000.00
Capital Expenditure
$4.60 billion
Dividend Payout Ratio
53.3%

Verizon Communications Inc ended 2024 with $379.96 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $379.96 billion while shareholder equity stood at $95.19 billion.

Verizon Communications Inc ended 2024 with $44.06 billion in deferred long-term liabilities, $51.40 billion in other current liabilities, 429000000.00 in common stock, $86.45 billion in retained earnings and $28.65 billion in goodwill. Its cash balance stood at $4.80 billion and cash and short-term investments were $4.80 billion. The company’s total short-term debt was $19,038,000,000 while long-term debt stood at $137.87 billion.

Verizon Communications Inc’s total current assets stands at $37.39 billion while long-term investments were $1.02 billion and short-term investments were $0. Its net receivables were $23.19 billion compared to accounts payable of $20.07 billion and inventory worth $1.90 billion.

In 2024, Verizon Communications Inc's operating cash flow was $-10200000000.00 while its capital expenditure stood at $4.60 billion.

Comparatively, Verizon Communications Inc paid $0.53 in dividends in 2024.

Other key metrics

Current Trading Price
$34.04
52-Week High
$40.7646
52-Week Low
$31.25
Analyst Target Price
$40.13

Verizon Communications Inc stock is currently trading at $34.04 per share. It touched a 52-week high of $40.7646 and a 52-week low of $40.7646. Analysts tracking the stock have a 12-month average target price of $40.13.

Its 50-day moving average was $33.89 and 200-day moving average was $36.24 The short ratio stood at 1.43 indicating a short percent outstanding of 0%.

Around 3.3% of the company’s stock are held by insiders while 6393.6% are held by institutions.

Frequently Asked Questions About Verizon Communications Inc

The stock symbol (also called stock or share ticker) of Verizon Communications Inc is VZ

The IPO of Verizon Communications Inc took place on 2000-07-23

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About

Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Address

1095 Avenue of the Americas, New York, NY, United States, 10036